Santierul Naval Orsova S.A. (BVB:SNO)

Santierul Naval Orsova Balance Sheet

Financials in millions RON. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	7.1	9.94	10.96	11.94	8.85	14.37
Short-Term Investments	34.33	20.11	13.51	6.5	3.49	3.09
Cash & Short-Term Investments	41.43	30.05	24.47	18.44	12.34	17.45
Cash Growth	66.10%	22.82%	32.70%	49.46%	-29.31%	-49.68%
Accounts Receivable	20.31	17.81	1.52	11.43	1.45	19.65
Other Receivables	-	1.76	0.88	0.19	0.31	0.23
Receivables	20.31	19.57	2.4	11.62	1.76	19.88
Inventory	33.55	27.76	36.48	28.97	50.81	22.4
Other Current Assets	0.47	0.97	1.93	0.62	0.39	0.61
Total Current Assets	95.77	78.36	65.27	59.65	65.3	60.35
Property, Plant & Equipment	39.71	48.78	46.99	39.36	39.87	42.09
Other Intangible Assets	0.01	0.01	0.04	0.08	0.03	0.02
Long-Term Accounts Receivable	0.21	0.3	0.16	0.01	0.01	0.54
Long-Term Deferred Tax Assets	0.09	0.12	0.17	0.1	0.12	0.08
Other Long-Term Assets	-	-	-	0.61	0.6	0.52
Total Assets	135.79	127.57	112.64	99.81	105.92	103.61
Accounts Payable	28.39	2.17	1.47	2.29	2.39	2.53
Accrued Expenses	-	3.59	2.57	1.87	1.83	1.84
Current Portion of Leases	-	0.73	0.62	-	0.63	0.57
Current Unearned Revenue	0.02	0.02	0.32	0	0	3.41
Other Current Liabilities	0.62	18.89	12.49	10.38	18.49	1.1
Total Current Liabilities	29.03	25.4	17.48	14.54	23.35	9.44
Long-Term Leases	-	2.28	2.74	-	0.51	1.02
Long-Term Deferred Tax Liabilities	4	4.98	4.51	3.78	4.03	4.35
Other Long-Term Liabilities	2.33	0.24	0.17	0.06	0.05	0.02
Total Liabilities	35.36	32.9	24.89	18.38	27.93	14.84
Common Stock	28.56	28.56	28.56	28.56	28.56	28.56
Additional Paid-In Capital	8.86	8.86	8.86	8.86	8.86	8.86
Retained Earnings	23.03	10.6	7.38	0.61	-3.32	0.79
Comprehensive Income & Other	39.98	46.65	42.94	43.4	43.89	50.56
Shareholders' Equity	100.43	94.67	87.74	81.43	77.98	88.77
Total Liabilities & Equity	135.79	127.57	112.64	99.81	105.92	103.61
Total Debt	-	3.01	3.36	-	1.14	1.59
Net Cash (Debt)	41.43	27.04	21.11	18.44	11.2	15.86
Net Cash Growth	85.21%	28.11%	14.48%	64.68%	-29.40%	-54.27%
Net Cash Per Share	3.66	2.37	1.85	1.61	0.98	1.39
Filing Date Shares Outstanding	11.41	11.42	11.42	11.42	11.42	11.42
Total Common Shares Outstanding	11.41	11.42	11.42	11.42	11.42	11.42
Working Capital	66.74	52.96	47.8	45.11	41.95	50.91
Book Value Per Share	8.81	8.29	7.68	7.13	6.83	7.77
Tangible Book Value	100.42	94.66	87.7	81.35	77.96	88.75
Tangible Book Value Per Share	8.80	8.29	7.68	7.12	6.82	7.77
Land	-	23.55	23.09	23.08	1.2	1.2
Buildings	-	-	-	-	21.88	20.06
Machinery	-	64.37	58.39	62.15	58.8	56.54
Construction In Progress	-	2.92	3.08	1.4	1.22	3.56

Source: S&P Global Market Intelligence. Standard template. Financial Sources.